Welcome to our dedicated page for Carnival PLC news (Ticker: CUK), a resource for investors and traders seeking the latest updates and insights on Carnival PLC stock.
Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) is a British-American cruise operator, recognized as the largest global cruise company. Headquartered in Miami, Florida, the company boasts a diverse portfolio of ten cruise line brands, including Carnival Cruise Lines, Holland America, Princess Cruises, and Seabourn in North America; P&O Cruises and Cunard Line in the United Kingdom; Aida in Germany; Costa Cruises in Southern Europe; and P&O Cruises in Australia. Carnival's fleet encompasses over 100 vessels, providing a range of memorable vacation experiences worldwide.
With 92 ships in service by the end of fiscal 2023, Carnival has demonstrated significant recovery and growth, especially after the pandemic. The company saw nearly 13 million guests in 2019, a figure they matched again in 2023. Among its notable achievements and current projects, Carnival continues to innovate in sustainable travel. Holland America Line, for example, began a long-term biofuel test on its flagship, Rotterdam, aiming to reduce greenhouse gas emissions significantly.
Recent news highlights the company's commitment to enriching guest experiences. Princess Cruises introduced an immersive 'Voyage to the Stars' experience in Alaska, while Holland America Line's Global Fresh Fish Program was featured on 'Top Chef'. Additionally, Seabourn's launch of its Zero @ Sea mixology program showcases unique non-alcoholic cocktails, responding to evolving guest preferences.
Carnival Corporation's future projects are also promising. The Princess Cruises fleet is set to expand its itineraries in Japan and Southeast Asia for the 2025-26 season, with Diamond Princess leading the way. Moreover, the Seabourn Odyssey will offer nostalgic final voyages through Alaska before transitioning out of the fleet.
Financially, Carnival Corporation continues to show resilience and growth, reflected in their latest fiscal reports and quarterly earnings. Investors and stakeholders can look forward to a conference call scheduled on June 25, 2024, to discuss second-quarter financial results. This proactive engagement underscores Carnival's dedication to transparency and shareholder value.
Holland America Line announces its "Time of Your Life" promotion, running from Dec. 14, 2022 to Feb. 28, 2023. This offer includes free upgrades for staterooms, discounts of up to 30%, and free fares for kids under 18 traveling as third or fourth guests. Customers booking by Jan. 31, 2023, can also receive up to $400 per stateroom in onboard spending credit, based on cruise length. The promotion aims to enhance family travel experiences while providing significant savings and added value for summer 2023 to spring 2024 cruises.
Carnival Cruise Line has unveiled details about the Carnival Venezia, set to sail year-round from New York starting June 15, 2023. The ship features Italian cuisine, distinctive staterooms, and exclusive experiences like the Terrazza staterooms with private patios. Guests can enjoy new dining concepts inspired by Italy, including enhanced offerings at familiar venues. Notably, the ship includes a Lido deck reminiscent of the Italian Riviera, complete with a retractable roof. Carnival will also introduce the Carnival Firenze in 2024, expanding its 'Carnival Fun Italian Style' theme.
Princess Cruises is introducing gift cards as a perfect last-minute holiday shopping solution, catering to nearly 80% of consumers who plan to shop late. These cards can be used for sailings to 330 destinations worldwide and for onboard purchases, enhancing convenience and value. Available in various holiday themes, both eGift and traditional gift cards offer easy purchase options, with free shipping for orders over $100. John Padgett, president of Princess Cruises, highlights the cards as a thoughtful gift for travelers.
Carnival Cruise Line announced a delay in the delivery of its new ship, Carnival Jubilee, due to supply chain issues. The first cruise is now scheduled to set sail from Galveston, Texas, on Dec. 23, 2023, instead of the original date. This has resulted in the cancellation of the initial journey from Southampton, UK, and five subsequent Caribbean sailings. Carnival's president expressed disappointment but emphasized the commitment to delivering a quality vacation experience for guests.
Princess Cruises announced the resumption of homeport sailing in Japan starting March 15, 2023, following the Japanese government's decision to allow international cruise ships. This move enhances vacation options for guests while boosting the Japanese tourism economy. The Diamond Princess will celebrate its 10th anniversary in Tokyo, offering 57 departures to 38 destinations across four countries. Travelers can enjoy Japan's rich culture, festivals, and landscapes, with exclusive MedallionClass service for personalized experiences.
Holland America Line has launched a Holiday Gift Card promotion, offering a 10% bonus gift card on purchases of $250 or more, valid from Dec. 2 to 13, 2022. This allows U.S. residents to gift future cruise travel easily. For instance, a $250 gift card comes with a $25 bonus. The bonus can be used for any cruise booking through 2024, including pre-cruise purchases and onboard spending. The promotion encourages memorable travel experiences during the holiday season, benefiting both new and loyal customers.
Cunard hosted an exclusive event in London to showcase the new cruise liner, Queen Anne, set to launch in 2024. This gathering revealed a collection of over 4,300 artworks from contemporary artists such as Pei Chi Lee and John Biggs. Attendees experienced new dining venues and the Bright Lights Society, designed for unique entertainment. Queen Anne represents Cunard's commitment to luxury travel, and its maiden season bookings will open on December 6, 2022, for members and December 7 for the public. Cunard is part of Carnival Corporation (NYSE: CUK, CCL).
Holland America Line reported record-high cruise bookings for Black Friday in the U.S., surpassing pre-pandemic levels by nearly 20%. Notably, bookings for Alaska cruises increased over 60% compared to 2019. The positive trend indicates strong consumer demand, especially for the exclusive Alaska Up Close experience. The company aims to leverage its unique offerings to further strengthen its brand in the competitive market.
Princess Cruises has enhanced its Princess Plus and Princess Premier packages by adding new premium desserts, fitness classes, and other benefits, effective from February 20. Guests will now receive premium crafted desserts, smoothies, and fitness classes, greatly increasing the value of these packages. For $60 per person per day, guests save nearly 60% off a retail value of $140. Meanwhile, the Princess Premier package offers an amenity value of up to $257 for just $80 per person per day, achieving almost 70% savings. Bookings for these packages begin after December 14.
Holland America Line's Westerdam will resume cruises to Japan, starting February 3, 2023, after a hiatus of over two years. The ship, currently sailing in Australia, will undergo drydock in Singapore before launching its Asia season. The itineraries will include destinations like Taiwan, the Philippines, Thailand, and Malaysia with cruises lasting 11 to 14 days. These voyages celebrate the rich cultural heritage of the regions. The season concludes on April 24, 2023, with a North Pacific crossing to Seattle.
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